A whale shorting BTC faces a $4 million loss and has deposited $1 million in USDC to avoid liquidation.

According to Onchain Lens monitoring, a whale (0xdDc7E50a83710f9c62eFB558bcD0f640314aE2F8) shorted BTC with 40x leverage on Hyperliquid and is currently facing a floating loss of $4 million. The whale has deposited $1 million in USDC to avoid liquidation.